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The Following Is the Production Possibilities Data for Two Countries

Question 59

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The following is the Production possibilities data for two countries, Alpha and Beta, which have populations of equal size. The following is the Production possibilities data for two countries, Alpha and Beta, which have populations of equal size.   Refer to the above data.The domestic opportunity cost of: A) producing a ton of chips in Alpha is 1/5 of a ton of fish. B) producing a ton of chips in Beta is 6 tons of fish. C) catching a ton of fish in Alpha is 5 tons of chips. D) catching a ton of fish in Beta is 6 tons of chips. Refer to the above data.The domestic opportunity cost of:


A) producing a ton of chips in Alpha is 1/5 of a ton of fish.
B) producing a ton of chips in Beta is 6 tons of fish.
C) catching a ton of fish in Alpha is 5 tons of chips.
D) catching a ton of fish in Beta is 6 tons of chips.

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